Apple's earnings are falling, partly because the company is selling more of its less expensive, older iPhone 4s instead of the latest version. Like the iPhone 5, the preceding two generations of models can run on Apple's latest operating system, the iOS 6. Full story

CNBC's Jon Fortt reports Apple has been ordered fewer iPhone 5 parts; and what this could mean longer term for the stock, with Brian Colello, Morningstar senior analyst and Stuart Jeffrey, Nomura analyst.

Samsung Electronics' Galaxy S4 and Apple's iPhone 5 are seen in this illustration taken in Seoul in this May 13, 2013 file photo. Samsung, the South Korean giant, now has a 19 percent share of the $80 billion smartphone market in China, a market expected to surge to $117 billion by 2017, according